BBCNEWS World Business Report July 7, 2024
if you have just joined if you havejustjoined us, good to have you with us. we begin with the soaring cost of energy. as governments and central banks grapple with rising inflation and a cost of living crisis, the world's biggest oil company announces record—breaking profits. the saudi oil company aramco revealed it made more than $48 billion in profits in the second quarter of this year. the eye—watering sum marks a 90% year—on—year increase and the biggestjump in earnings for the world's largest energy exporter since its public listing three years ago. but what is the outlo...